Charting CCL heading back above $15 ??

  1. 306 Posts.
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    CCL has broken up out of a pattern I have been watching and looks like it could head to $12.40 as a short term trade. The stock may have started up on an Elliott Wave 5 which theory says should make a new high above $15.40 before its next material retracement. Trading since 2000 fits nicely in a very large channel - suggesting the recent lows should have been a turning point for price. The short term target is based on two extensions of recent breaks of resistance levels, with both coinciding at the $12.40 level. I've put in a conditional buy today based on price moving up again.
    https://hotcopper.com.au/data/attachments/1836/1836882-89c07ef5ff90d5f961740ddaa50543fe.jpg
 
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(20min delay)
Last
$3.81
Change
0.010(0.26%)
Mkt cap ! $729.8M
Open High Low Value Volume
$3.84 $3.86 $3.80 $295.3K 77.21K

Buyers (Bids)

No. Vol. Price($)
1 1000 $3.80
 

Sellers (Offers)

Price($) Vol. No.
$3.87 10000 1
View Market Depth
Last trade - 16.10pm 12/09/2025 (20 minute delay) ?
CCL (ASX) Chart
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